Governors Square
Shopping Center
for Sale
| Catylist Listing ID: |
30857701 |
| Property Subtypes: |
Strip Center
|
| Building Size (RSF): |
87,000 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
See Agent |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/8/2024 |
Overview / Comments
|
100% leased retail center in growing county seat of Shelby County Kentucky. Priced well below replacement cost. 87,000-sf retail center with ingress and egress points on both major retail roads in Shelbyville - US Highway 60 (Frankfort Road) and US Highway 53 (Mt. Eden Road).
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Shelby |
| Tax ID/APN: |
S11-02-004 |
| Zoning: |
C - Commercial |
| Property Visibility: |
Excellent |
| Highway Access: |
Hwy 53 |
| Site Description: |
8.451 acres located at corner of US Hwy 60 and US Hwy 53 |
| Area Description: |
Located in Shelbyville - county seat of Shelby County Kentucky. Excellent visibility. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1974 |
| Year Renovated: |
2015 |
| Roof Type: |
Flat |
| Exterior Description: |
Retail building with various bay depths |
| Parking Type: |
Surface |
| Parking Description: |
350 surface parking spaces |
| Total Parking Spaces: |
350 |
| Heat Type: |
Electricity |
| Heat Source: |
Other |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
B-1 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Ingress/Egress |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,524 |
16,641 |
22,858 |
| Median Age: |
36.88 |
34.23 |
36.01 |
| Households: |
1,294 |
6,102 |
8,441 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
